Construction Waste Management Market to Reach $94 Billion by 2028, Driven by Urbanization and Sustainability Efforts
• Global construction and demolition waste management market valued at $67.12 billion in 2022, expected to reach $94.39 billion by 2028 with a 5.6% CAGR • Driven by urbanization, infrastructure development, sustainable construction practices, developing regions' construction booms, waste regulations • Asia Pacific leading in market share due to robust urbanization and infrastructure investment • Market challenged by insufficient waste management infrastructures and regulatory inconsistencies • Concrete waste accounts for dominant material share; demolition activities to see rapid growth